McCormick (NYSE: MKC) names Julie Giese principal accounting officer
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
McCormick & Company, Incorporated announced a planned transition in its principal accounting leadership. Gregory P. Repas, Vice President & Controller and the company’s Principal Accounting Officer, plans to retire effective July 1, 2026 and will step down from his roles on April 1, 2026, assisting with the transition until retirement.
Effective April 1, 2026, Julie Giese, age 46, will become Vice President & Controller and Principal Accounting Officer. She joined McCormick in August 2024 after serving as Director of Accounting for Pepco Holdings LLC. In her new role she will receive an annual base salary of $400,000 and continue to participate in the company’s incentive, retirement, and benefits programs.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What leadership change did McCormick (MKC) disclose in this 8-K?
McCormick disclosed a planned change in its principal accounting leadership. Gregory P. Repas will retire on July 1, 2026, stepping down as Vice President & Controller and Principal Accounting Officer on April 1, 2026, and supporting the transition to his successor until retirement.
Who is McCormick (MKC) appointing as Principal Accounting Officer?
McCormick is appointing Julie Giese as Vice President & Controller and Principal Accounting Officer effective April 1, 2026. She joined the company in August 2024 and previously served as Director of Accounting for Pepco Holdings LLC from April 2016 through August 2024.
When will Gregory P. Repas retire from McCormick (MKC)?
Gregory P. Repas intends to retire from McCormick on July 1, 2026. He will step down as Vice President & Controller and Principal Accounting Officer on April 1, 2026 and will assist with the transition to his successor between April and his retirement date.
What compensation will Julie Giese receive in her new McCormick (MKC) role?
In her new role as Vice President & Controller and Principal Accounting Officer, Julie Giese will receive an annual base salary of $400,000. She will continue to participate in McCormick’s incentive compensation programs, retirement and savings plans, health and welfare programs, and other company benefits.
Are the new accounting roles at McCormick (MKC) considered executive officer positions?
The filing specifies that the Vice President & Controller and Principal Accounting Officer positions held by Julie Giese will not be executive officer roles within McCormick. This means these responsibilities are important for financial reporting but are not classified as executive officer positions by the company.
What is Julie Giese’s background before joining McCormick (MKC)?
Before joining McCormick in August 2024 as Vice President and Assistant Corporate Controller, Julie Giese served as Director of Accounting for Pepco Holdings LLC from April 2016 through August 2024. Her experience centers on corporate accounting and financial reporting functions.